Restaurants are frequent targets of New York sales tax audits because they often involve a mix of cash sales, credit-card transactions, point-of-sale systems, food and beverage purchases, tips, complimentary meals, takeout sales, and other transactions that can be difficult to…
A New York sales tax audit can result in more than an assessment of additional tax. The New York State Department of Taxation and Finance may also impose penalties and interest, sometimes adding a substantial amount to the total liability. For…
Receiving a tax audit notice, facing questions about unreported income, or discovering discrepancies in payroll records can create serious concerns for in dividuals and business owners. While some tax issues result from accounting errors, others may lead tax authorities to…